ETH/USD on Saturday briefly fell below the $900 per token degree for the first time since 
January, however as of Monday is back to trading just above $1,100, a beautiful 25% up from weekend lows.
In accordance with a report printed this weekend by native 
Chinese language press, the number of Non-fungible Token (NFT) platforms operating in the nation has elevated five-fold since February 2022 to over 500.
The report noted that the rise within the variety of platforms operating in the nation comes as 
the recognition of digital collectibles rises, with Chinese language tech giants Tencent and Alibaba also 
exhibiting interest within the area and filing a number of trademarks.
In a semi-annual financial coverage report 
released final Friday, the Fed noted that "recent strains experienced in markets for stablecoins… Cryptocurrency markets will likely be watching a listening to in the US Congress this week on the topic of stablecoins, with the Fed having not too long ago made just a few criticisms about them in a latest monetary policy report.